Maple Leaf Foods to acquire select poultry assets from Cericola Farms
With this agreement, Maple Leaf secures 100% of the processed chicken volume from Cericola's primary processing plant in Schomberg, Ontario, Canada.
Maple Leaf Foods, Canada, signed a definitive agreement to acquire two poultry plants and associated supply from Cericola Farms, Canada. Collectively, the company’s two plants process approximately 32 million kg of chicken annually.
With this agreement, Maple Leaf secures 100% of the processed chicken volume from Cericola's primary processing plant in Schomberg, Ontario, Canada, and holds an option to acquire this asset and associated plant supply in three years.